Top 5 SBI Mutual Fund Schemes: Investments grow over 930% in 10 years! Rs 10K SIP turns into Rs 45 lakh

SBI Mutual Fund, India’s largest bank-backed mutual fund with an asset under management of nearly Rs 9 lakh crore, has several top performing schemes across categories. The fund house, the mutual fund arm of India’s largest PSU bank SBI, has schemes ranging from equity, debt to hybrid category.

If we look at the return chart of various schemes of SBI Mutual Fund over the last 10 years, there are some that have generated average annual returns of up to 26%, which means lump sum investors have multiplied their wealth by over 10 times during this period. SIP investors too made enormous wealth sticking to disciplined investing in various SBI Mutual Fund plans. Monthly investment of Rs 10,000 as SIP in a particular SBI mutual fund scheme has grown over Rs 45 lakh in the last 10 years

Take a look at the 5 top performing SBI mutual fund schemes based on 10 years of performance.

SBI Small Cap Fund – Direct Plan

SBI Small Cap Fund has given an annual return of 26.24% and an absolute return of 930% over the last 10 years to investors who invested lump sum. An investment of Rs 1 lakh would have been more than Rs 10 lakh at this rate of return over a 10-year period. In this scheme, SIP investors have received 25% annualised return in the last 10 years. An SIP of Rs 10,000 in this scheme would have turned to over Rs 45 lakh in the last 10 years.

The SBI Small Cap Fund has yielded investors over 30% annualised return on lump sum investment in the last 5 years. The return has been 25% in three years and over 45% in the last 1 year in this small cap scheme.

Also read: Mutual Fund: THIS SBI fund turns Rs 10,000 monthly SIP to Rs 7 crore in 25 years

SBI Magnum Midcap Fund – Direct Plan

SBI Magnum Midcap Fund has given an annual return of over 20% and an absolute return of 526% in 10 years to those who invested lump sum. With this rate of return, those who invested Rs 1 lakh would have seen their corpus growing to Rs 6,25,550, a six-fold jump. While the 10-year SIP return has been 21% annualised. An SIP of Rs 10,000 in this scheme started 10 years ago would have turned to Rs 36.58 lakh in 2024.

If we look at SBI Magnum Midcap Fund – Direct Plan performance in 5 years, the fund has given 28% annualised return. Its 3-year return has been 25% and 1-year yield at 39%.

SBI Contra Fund – Direct Plan – Growth

SBI Contra Fund – Direct Plan – Growth has given an annualised return of 19.23% over the last 10 years, making a lump sum investment of Rs 1 lakh into Rs 5.81 lakh. The fund’s absolute return was 482% in the last 10 years. Likewise, an SIP of Rs 10,000 started 10 years back would have grown to over Rs 40 lakh, giving 23% annualised return.

If we look at the fund’s returns for 5 years, 3 years and 1 year, it has delivered 31%, 30% and 49% returns, respectively.  

SBI Large & Midcap Fund – Direct Plan

SBI Large and Midcap Fund has given an annualised return of over 20% in 10 years to those who invested lump sum money into this scheme. Those who invested Rs 1 lakh back then would now have made Rs 5.28 lakh. The 10-year SIP return has been 19.54% annually. With this rate of return for SIP, those who deposited Rs 10,000 every month would now be sitting at a corpus of Rs 33.59 lakh. The fund’s 5 year return has been 23% and 3-year yield at 22%. In the last one year, the scheme has grown by 38%.

Also read: Quant Mutual Fund: Top 5 schemes with up to 75% returns in 1 year

SBI Focused Equity Fund – Direct Plan

SBI Focused Equity Fund has given an annualised return of over 29% in 10 years to those who invested lump sum. Accordingly, those who invested Rs 1 lakh 10 years ago, now their fund would have increased to Rs 4.95 lakh. The 10-year SIP return has been 18%, which means those who deposited Rs 10,000 every month for 10 years, their fund value would be now over Rs 30 lakh.

SBI Focused Equity Fund – Direct Plan’s return for 5 years has been 19.46% annually and for 3 years 17% annually. The fund has delivered a stellar return of 33% in the last one year.

Disclaimer: FinancialExpress.com does not endorse any specific investment instruments. Readers are encouraged to make their own informed decisions, as any losses incurred will be their sole responsibility.